Lmax, the retail FX and contracts for difference (CFD) trading venue, today announced the availability of the first mobile exchange with the launch of Lmax Trader for iPhone and BlackBerry mobile devices.
The mobile dealing application (app) for trading clients allows users with an iPhone or BlackBerry mobile device to stay updated with the markets, view their LMAX Trader account status, and manage their positions and orders across multiple asset classes.
LMAX Trader for iPhone and BlackBerry mobile devices enables clients to trade on the move via an easy to navigate interface, allowing for convenient access to their portfolios. The app will be rolled out to other mobile device operating systems in the coming months.
LMAX provides the retail FX and CFD investor with a highly sophisticated but easy to use neutral platform that seeks to offer traders a fairer and more transparent alternative to competitors' offerings. The platform is an exchange* thatbrings together retail and institutional buyers and sellers in a wide variety of financial instruments on a level playing field.
"Increasing investor sophistication combined with highly mobile lifestyles has meant that more people want to take control of their investment decisions on the go and therefore need instant access to financial markets and their portfolios,"says Martin Thompson, Chief Technology Officer of LMAX. "Our platform offers a neutral and transparent exchange model delivered via market-leading technology, both key differentiators in a competitive market where investors demand solutions that deliver results."
The LMAX Trader app is available free for download from a BlackBerry mobile device or iPhone, and from BlackBerry App World and the Apple App Store. Accessing an account via a mobile device requires an account to be opened with LMAX Trader.